Herc Holdings
339 hedge funds and large institutions have $6.1B invested in Herc Holdings in 2015 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 137 increasing their positions, 103 reducing their positions, and 77 closing their positions.
59% more call options, than puts
Call options by funds: $272M | Put options by funds: $171M
33% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 103
0.58% less ownership
Funds ownership: 32.74% → 32.16% (-0.58%)
5% less funds holding
Funds holding: 355 → 339 (-16)
16% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 77
19% less capital invested
Capital invested by funds: $7.56B → $6.1B (-$1.46B)
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$197M |
| 2 |
Morgan Stanley
New York
|
+$128M |
| 3 |
SIM
SRS Investment Management
New York
|
+$113M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$52.6M |
| 5 |
Harris Associates
Chicago,
Illinois
|
+$46.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
-$656M |
| 2 |
YCMGA
York Capital Management Global Advisors
New York
|
-$88.7M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$64M |
| 4 |
JP Morgan Chase
New York
|
-$50.7M |
| 5 |
Goldman Sachs
New York
|
-$50.4M |
HRI Hedge Fund Activity: Q4 2015 in Review
339 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Herc Holdings (HRI) for Q4 2015, worth a combined $6.1B — down 19% from $7.56B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of HRI and 65 opened new positions — a net loss of 12 holders — while 103 trimmed existing stakes and 137 added.
The largest buyer was Icahn Carl, adding an estimated $197M. The largest seller was Jana Partners, exiting entirely with an estimated $656M sold.
- 339 institutional investors held Herc Holdings (HRI) as of Q4 2015, down from 355 in Q3 2015.
- Funds reported $6.1B of Herc Holdings stock for Q4 2015, down 19% quarter-over-quarter.
- 65 funds opened new Herc Holdings positions in Q4 2015 and 77 closed out, a net change of -12 holders.
- The largest Herc Holdings buyer in Q4 2015 was Icahn Carl, an estimated $197M added.
- The largest Herc Holdings seller in Q4 2015 was Jana Partners, an estimated $656M sold.
Based on aggregated 13F filings for Q4 2015.